$5,650,000

5112 W Jefferson Boulevard, Los Angeles, CA 90016

  • 6 baths |
  • 31,539 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon0.77acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $179/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

In Escrow, non-contingent. Bankruptcy Court OVERBID date is NOVEMBER 19,2024 WITH OVERBID OFFERS DUE NOVEMBER 15, 2024. FIRST OVERBID SHALL BE $200K OVER THE CURRENT $5,650,000. All Tenants are month to month - TOC Tier3 - Enterprise Zone - ED1 Eligible FIVE BUILDINGS (31,539+/-SF) on TWO PARCELS/LOTS of land (33,000+/- SF) located at the corner of W. Jefferson Blvd. and S. La Brea Ave. Perfect development play or for an owner/user. All Tenants are month to month and the price per square foot is insanely low.PHASE 1 & PHASE 2 Environmental completed and no action required. Clean bill of health and ready to sell. Days on market were due to a previous Title issue that has now been cleared. The properties must be purchased together as a portfolio and are subject to the Bankruptcy Court Overbid process.THE $5,650,000 CONTRACT PRICE IS AT AN INCREDIBLY LOW PRICE OF UNDER $200 PER SQUARE FOOT AND IS SUBJECT TO OVERBID IN BANKRUPTCY COURT.

Listing Status:
Pending
Date Added:
January 18, 2024
Data Last Updated:
April 17, 2026 at 4:16AM
Listing Office:
Compass : 310-230-5478
Listing Agent:
Sam Shakerchi : 310-525-0872
MLS ID:
24383424
  • Parking: Controlled EntranceCarportGatedOne SpaceParking spaces: 14
  • General: 1
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: CM-2D-CPIO/LM5047001003
  • Source: CRMLS

This listing courtesy of Sam Shakerchi , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cienega Elementary School

2611 S Orange Dr, Los Angeles, CA, 90016

Grades KG-5

0.46 miles away

M

Marlton

4000 Santo Tomas Dr, Los Angeles, CA, 90008

Grades KG-12

1.33 miles away

V

View Park Continuation

4701 Obama Blvd, Los Angeles, CA, 90016

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.